Why Shares of Apple Are Surging Today
Shares of the large consumer tech company Apple (NASDAQ: AAPL) traded over 3% higher, as of 10:54 a.m. ET today. The move comes after a U.S. federal judge ruled that , the parent company of Google, would not have to divest Chrome and could keep paying partners to feature its search engine on their web browsers.
Last year, U.S. District Judge Amit Mehta ruled in favor of the U.S. Department of Justice in a lawsuit against Google, saying that the search engine giant had indeed acted as an illegal monopoly with its digital advertising practices. But yesterday, Mehta stopped short of granting the DOJ's request to have Google divest Chrome.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Stock
€256.00
1.270%
The stock is one of the favorites of our community with 127 Buy predictions and 3 Sell predictions.
As a result the target price of 279 € shows a slightly positive potential of 8.98% compared to the current price of 256.0 € for Alphabet Inc. A.
